Woohoo! Google(GOOG) has hit a new 52 week high! As I write this it is at $496 a share, which makes my goal of $500 a share look even more obtainable. It is only noon in NYC, so there are still a few more hours of trading to go. With the price at 496, who knows, maybe it will hit 500 by the end of the day?
What is even better though is that with the current price of 496, I’m up in that stock just a tad over 24%. With my trailing stop I’m really hoping to lock in a good 25% gain.
Don't miss anything, subscribe!
Ahh, GOOG, the stock I love to hate! I got into google shortly after the IPO and got in around $130. I was really afraid that the movement was all hype, so I was very cautious. Once it had that huge gap up to the 170-200 range, I bailed, took my money and ran. I was certain it couldn’t go much higher…
Boy do I wish I had held on. I can’t complain, I did make good short-term money, but I didn’t take advantage of the long-term aspect. Oh well, I’m sure there is still room for more growth.
Yea, I remember when it IPOd and I didn’t get in. Everyone said it was all hype and a lot of people didn’t like the auction style IPO, blah blah blah. Oh well. I did own it for a while earlier this year but it wasn’t moving and got out. I got back in on October 3rd right at 400. To say the least I’m pleased!
Thanks for the comment Jeremy!